V2 Retail logo

V2 Retail shareholders and shareholding pattern

NSE: V2RETAILBSE: 532867RetailingSmall Cap

Formerly Vishal Retail
Last close ₹162.81down ₹7.33 (4.31%)BSE ₹163.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹170.14.

52-week range of traded prices to 23 Oct 2026
₹149.31Low, 13 Oct 2026₹259.25High, 4 Jun 2026
Market cap
₹5,937 Cr640th largest listed
P/E
33.2
P/E without one-offs
39.3
P/B
6.6
Dividend yield
Nonein the last 12 months
ROE
28.6%
ROE without one-offs
24.2%
ROCE
25.4%
Debt to equity
0.28
Volume, NSE
13,45,97949.5% delivered

Who owns V2 Retail, filing by filing

Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.

Sep 2026 filing

  • Promoters51.43%
  • Foreign institutions3.69%
  • Indian institutions12.24%
  • Individuals and others32.64%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Foreign institutions
  • Indian institutions
  • Individuals and others
Per centDec 2016Filed 18 JanMar 2017Filed 18 AprJun 2017Filed 11 JulSep 2017Filed 9 OctDec 2017Filed 5 JanMar 2018Filed 11 AprJun 2018Filed 11 JulSep 2018Filed 6 OctDec 2018Filed 9 JanMar 2019Filed 10 AprJun 2019Filed 17 JulSep 2019Filed 10 OctDec 2019Filed 20 JanMar 2020Filed 13 MayJun 2020Filed 17 JulSep 2020Filed 13 NovDec 2020Filed 14 JanMar 2021Filed 12 AprJun 2021Filed 13 JulSep 2021Filed 18 OctDec 2021Filed 13 JanMar 2022Filed 15 AprJun 2022Filed 14 JulSep 2022Filed 15 OctDec 2022Filed 16 JanMar 2023Filed 13 AprJun 2023Filed 17 JulSep 2023Filed 16 OctDec 2023Filed 18 JanMar 2024Filed 9 AprJun 2024Filed 9 JulSep 2024Filed 16 OctDec 2024Filed 13 JanMar 2025Filed 14 AprJun 2025Filed 16 JulSep 2025Filed 11 OctDec 2025Filed 7 JanMar 2026Filed 9 AprJun 2026Filed 17 JulSep 2026Filed 14 Oct
56.42%52.71%52.71%52.71%51.00%51.36%51.14%51.14%51.14%51.14%51.14%51.14%51.81%53.62%53.62%53.62%54.00%54.00%54.00%53.56%53.56%53.56%53.56%53.56%53.56%53.56%54.26%54.26%54.28%54.28%54.30%54.30%54.30%54.24%54.22%54.22%51.43%51.43%51.43%51.43%
Indian promoters56.42%52.71%52.71%52.71%51.00%51.36%51.14%51.14%51.14%51.14%51.14%51.14%51.81%53.62%53.62%53.62%54.00%54.00%54.00%53.56%53.56%53.56%53.56%53.56%53.56%53.56%54.26%54.26%54.28%54.28%54.30%54.30%54.30%54.24%54.22%54.22%51.43%51.43%51.43%51.43%
43.58%47.29%47.29%47.29%49.00%48.64%48.86%48.86%48.86%48.86%48.86%48.86%48.19%46.38%46.38%46.38%46.00%46.00%46.00%46.44%46.44%46.44%46.44%46.44%46.44%46.44%45.74%45.74%45.72%45.72%45.70%45.70%45.70%45.76%45.78%45.78%48.57%48.57%48.57%48.57%
Promoter shares pledgedShare of the promoters' own shares75.94%75.94%75.94%75.94%71.55%71.04%71.04%71.04%71.04%4.42%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.70%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.79%1.79%1.79%
Shares in issue2,88,87,6193,09,22,6843,09,22,6843,09,22,6843,39,22,6843,39,22,6843,40,74,0183,40,74,0183,40,74,0183,40,74,0183,40,74,0183,40,74,0183,40,74,0183,41,05,0263,41,05,0263,41,05,0263,41,05,0263,41,05,0263,41,05,0263,43,89,3413,43,89,3413,43,89,3413,43,89,3413,43,89,3413,43,89,3413,43,89,3413,45,89,3413,45,89,3413,45,89,3413,45,89,3413,45,89,3413,45,89,3413,45,89,3413,45,89,3413,45,89,3413,45,89,3413,64,63,75536,46,37,55036,46,37,55036,46,37,550
Shares locked in64,89,25085,24,31585,24,31585,24,31585,24,31564,89,25053,10,37040,00,00010,00,00010,00,00010,00,00010,00,0000––––––000000000000000––––––
Promoters' shares locked in34,89,25034,89,25034,89,25034,89,25044,89,25044,89,25033,10,37020,00,00010,00,00010,00,00010,00,00010,00,0000––––––000000000000000––––––
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of V2 Retail shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 18 JanMar 2017Filed 18 AprJun 2017Filed 11 JulSep 2017Filed 9 OctDec 2017Filed 5 JanMar 2018Filed 11 AprJun 2018Filed 11 JulSep 2018Filed 6 OctDec 2018Filed 9 JanMar 2019Filed 10 AprJun 2019Filed 17 JulSep 2019Filed 10 OctDec 2019Filed 20 JanMar 2020Filed 13 MayJun 2020Filed 17 JulSep 2020Filed 13 NovDec 2020Filed 14 JanMar 2021Filed 12 AprJun 2021Filed 13 JulSep 2021Filed 18 OctDec 2021Filed 13 JanMar 2022Filed 15 AprJun 2022Filed 14 JulSep 2022Filed 15 OctDec 2022Filed 16 JanMar 2023Filed 13 AprJun 2023Filed 17 JulSep 2023Filed 16 OctDec 2023Filed 18 JanMar 2024Filed 9 AprJun 2024Filed 9 JulSep 2024Filed 16 OctDec 2024Filed 13 JanMar 2025Filed 14 AprJun 2025Filed 16 JulSep 2025Filed 11 OctDec 2025Filed 7 JanMar 2026Filed 9 AprJun 2026Filed 17 JulSep 2026Filed 14 Oct
All shareholders17,12417,56917,13721,92423,98123,91723,19922,83823,17823,22522,27522,40022,69424,37726,67126,60923,73521,55221,59420,85320,16019,49319,51319,74419,72919,59718,63417,32416,16616,24416,86224,10126,87735,12537,44639,93842,86945,02552,96765,411
8888888877777888999999997777777788888888
Indian promoters8888888877777888999999997777777788888888
17,11617,56117,12921,91623,97323,90923,19122,83023,17123,21822,26822,39322,68724,36926,66326,60123,72621,54321,58520,84420,15119,48419,50419,73519,72219,59018,62717,31716,15916,23716,85524,09426,86935,11737,43839,93042,86145,01752,95965,403
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

V2 Retail promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Ricon Commodities Private Limited, 35.28%.Promoter buying and selling

Holder
Ricon Commodities Private LimitedIndian companies, trusts and others35.28%12,86,27,1002.60%
Ram Chandra AgarwalIndividuals and Hindu undivided families5.17%1,88,39,6200.00%
Akash AgarwalIndividuals and Hindu undivided families4.49%1,63,87,7900.00%
Vishal Waterworld Pvt LtdIndian companies, trusts and others3.93%1,43,31,7600.00%
V2 Conglomerate LimitedIndian companies, trusts and others1.73%63,25,8200.00%
Ramchandra Agarwal HUFIndividuals and Hindu undivided families0.43%15,50,0000.00%
Uma AgarwalIndividuals and Hindu undivided families0.39%14,40,0000.00%
Shreya AgarwaLIndividuals and Hindu undivided families0.01%46,8100.00%
Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of V2 Retail, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding V2 Retail

HolderDec 2016Filed 18 JanMar 2017Filed 18 AprJun 2017Filed 11 JulSep 2017Filed 9 OctDec 2017Filed 5 JanMar 2018Filed 11 AprJun 2018Filed 11 JulSep 2018Filed 6 OctDec 2018Filed 9 JanMar 2019Filed 10 AprJun 2019Filed 17 JulSep 2019Filed 10 OctDec 2019Filed 20 JanMar 2020Filed 13 MayJun 2020Filed 17 JulSep 2020Filed 13 NovDec 2020Filed 14 JanMar 2021Filed 12 AprJun 2021Filed 13 JulSep 2021Filed 18 OctDec 2021Filed 13 JanMar 2022Filed 15 AprJun 2022Filed 14 JulSep 2022Filed 15 OctDec 2022Filed 16 JanMar 2023Filed 13 AprJun 2023Filed 17 JulSep 2023Filed 16 OctDec 2023Filed 18 JanMar 2024Filed 9 AprJun 2024Filed 9 JulSep 2024Filed 16 OctDec 2024Filed 13 JanMar 2025Filed 14 AprJun 2025Filed 16 JulSep 2025Filed 11 OctDec 2025Filed 7 JanMar 2026Filed 9 AprJun 2026Filed 17 JulSep 2026Filed 14 Oct
MALABAR INDIA FUND LIMITEDForeign portfolio investors, category I–––––––––––––––––––––––––––––––––––––––1.45%
Sachin KaseraResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––1.24%1.23%1.37%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.51%1.37%1.37%–
Abhijit PeriwalResident individuals, over ₹2 lakh at face value––––––––––––––––––––––––––––––1.34%1.51%1.45%1.38%1.37%1.37%1.30%1.29%1.29%–
Vishal Vishwanath TodiResident individuals, over ₹2 lakh at face value––––––––––––––––1.60%1.62%1.62%1.60%1.03%1.71%1.71%1.71%1.71%1.85%2.29%2.26%2.26%2.26%2.26%2.15%2.15%2.15%2.06%1.92%1.47%1.59%––
Aditya SinghaniaResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––––––––––––––1.08%––
India 2020 Fund Ii, LimitedForeign portfolio investors, category I––––5.90%5.90%5.87%6.46%6.46%6.46%6.46%6.46%6.46%6.45%––6.45%6.45%6.45%6.40%6.40%6.40%6.40%6.40%6.40%6.40%–6.36%6.36%6.36%6.36%–––––––––
Manshu TandonKey managers––––––––––––––––––––––––––1.12%1.12%1.05%1.03%1.00%–––––––––
India 2020 Fund li, LimitedForeign portfolio investors, category I––––––––––––––6.45%6.45%––––––––––6.36%–––––––––––––
Sajjan Kumar JainResident individuals, over ₹2 lakh at face value––––––––––––––––––––1.06%1.06%1.06%1.06%1.06%1.06%––––––––––––––
BENNETT COLEMAN AND COMPANY LIMITEDOther non-institutions–6.58%6.58%6.58%6.00%6.00%5.97%5.97%5.97%5.38%5.38%5.38%5.38%5.38%5.38%5.38%––––––––––––––––––––––––
Goldman Sachs India LimitedInstitutions Foreign Portfolio Investor––––2.81%2.81%2.80%2.80%2.80%2.80%2.80%2.80%2.80%–––––––––––––––––––––––––––
Ashish KacholiaResident individuals, over ₹2 lakh at face value––––––1.06%1.33%2.56%2.56%2.56%2.48%––––––––––––––––––––––––––––
Subhkam Properties LlpOther non-institutions–––––1.05%––––––––––––––––––––––––––––––––––
Naresh Kumar BhargavaResident individuals, over ₹2 lakh at face value3.46%3.23%3.23%3.23%1.21%–––––––––––––––––––––––––––––––––––
Pramod Chand MahnotResident individuals, over ₹2 lakh at face value3.46%3.23%3.23%3.23%––––––––––––––––––––––––––––––––––––
Vivek LodhaResident individuals, over ₹2 lakh at face value3.46%3.23%3.23%3.23%––––––––––––––––––––––––––––––––––––
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.